FX:GBPJPY   British Pound / Japanese Yen
Here is my GBPJPY sell idea. I'm looking at the inducement just below my Zone/POI that got the early sellers in the trade.

We also have a pretty nice FVG that took out liquidity before consolidating and creating the new area of inducement along with consolidation.

As we can see, price has tapped into the POI (H2) and has started to come down with the higher timeframe market direction.

I am aiming for external liquidity at the low and perhaps even lower.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.